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Filed: Timeline
Posted
Now you are saying it seems that the government should come in and bail out the financials so regular people do not go through what I have had to do in the last 2 years. I say BS. It is a cycle and correction that was due and needs to continue. Next time we may all listen and watch out more.

Go ahead, tighten credit even more.

No one will hurt more than 'regular people'.

Heaven forbid people actually have to work for their money...

Oh, spare me the working-class hero garbage.

What are you whining about, Curry Man? YOU work for your money....

So do the guys at Wall Street. Just because they wear suits doesn't mean they don't work.

Man is made by his belief. As he believes, so he is.

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Filed: Other Timeline
Posted

SRVT -

Do you understand that many of the people who took those loans SHOULD have been renters, and NOT homeowners? A flood of foreclosed homes on the markets will NOT empower new homeowners. The markets have TIGHTENED lending guidelines in the last several months. Tighter underwriting guidelines; a glut of real estate inventory; and falling wages does not equal loads of people out there buying their first house and putting up a white picket fence around it.

Hell yes, I'm selfish. I love myself. But not at the expense of my neighbor. I'm just not that way. Think I don't work hard too? Think again. I just not inclined to pray for the misfortune of others to get me what I need. If I did that, then I would have 'cut a corner'.

Posted
...

This ill that would be placed upon the rest of the population would have very little affect, especially compared to most other first world countries where people do things in moderation, not excess. Joe CheeseFries might be finding himself making a garden, or eating less, and could live a few more years. See, not so selfish. Then again, he could spend out his ###, and still eat it and have a McHeartAttack if he chooses. People also might find themselves actually occupying, as first time owners, these houses, rather than renting all the damn time to someone owning their 234092304th house, playing the cheating game of using a renter to pay off his umpteenth house.

...

Nice!

:thumbs:

SpiritAlight edits due to extreme lack of typing abilities. :)

You will do foolish things.

Do them with enthusiasm!!

Don't just do something. Sit there.

K1: Flew to the U.S. of A. – January 9th, 2008 (HELLO CHI-TOWN!!! I'm here.)

Tied the knot (legal ceremony, part one) – January 26th, 2008 (kinda spontaneous)

AOS: Mailed V-Day; received February 15th, 2007 – phew!

I-485 application transferred to CSC – March 12th, 2008

Travel/Work approval notices via email – April 23rd, 2008

Green card/residency card: email notice of approval – August 28th, 2008 yippeeeee!!!

Funny-looking card arrives – September 6th, 2008 :)

Mailed request to remove conditions – July 7, 2010

Landed permanent resident approved – August 23rd, 2010

Second funny looking card arrives – August 31st, 2010

Over & out, Spirit

Country:
Timeline
Posted
I never compared it to another industry at all and never said that. The housing went bye bye. My industry was swimming in money and gorging on the flow of money. It went belly up way before this financial melt down. The financial melt down in this instance is the same thing in this instance.

The trucking industry has always been in consumables. It is the bread and butter and always will be. The housing lending boom ignited a huge amount of new product for us. It looked great for a long time. The industry I am in grew and bought new trucks and enlarged their capacity and bought out smaller oufits and went in a feeding frenzy. The housing industry went kaboom. 2 years now we have been in turmoil. I expected it and always have my funds set aside to tide me over.

Now you are saying it seems that the government should come in and bail out the financials so regular people do not go through what I have had to do in the last 2 years. I say BS. It is a cycle and correction that was due and needs to continue. Next time we may all listen and watch out more.

You're right that it would bail out the idiots who participated in inflating their wages and credit (can only blame them so much for wanting to live in a house -- isn't that part of the "American Dream"?), it was more about lenders not having Uncle Sam hovering over their shoulders to make sure the people they were lending to could actually afford it, and to make sure these idiots weren't signing off on ARMs whilst not understanding what the hell they're in for.

Posted

I say we all pray for government help! :rofl: Or better yet a ticket to France! Sink or swim mofos. :ot2:

"I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for mine."- Ayn Rand

“Your freedom to be you includes my freedom to be free from you.”

― Andrew Wilkow

Filed: Timeline
Posted
Now you are saying it seems that the government should come in and bail out the financials so regular people do not go through what I have had to do in the last 2 years. I say BS. It is a cycle and correction that was due and needs to continue. Next time we may all listen and watch out more.

Go ahead, tighten credit even more.

No one will hurt more than 'regular people'.

Heaven forbid people actually have to work for their money...

Oh, spare me the working-class hero garbage.

What are you whining about, Curry Man? YOU work for your money....

So do the guys at Wall Street. Just because they wear suits doesn't mean they don't work.

I disagree. They don't actually DO anything. And they certainly don't do enough of anything to warrant their salaries.

But I admit that I am prejudiced against Wall Street-type dorks.

Lady, people aren't chocolates. Do you know what they are mostly? Bastards. ####### coated bastards with ####### filling. But I don't find them half as annoying as I find naive bobble-headed optimists who walk around vomiting sunshine.
Country: Vietnam
Timeline
Posted
I never compared it to another industry at all and never said that. The housing went bye bye. My industry was swimming in money and gorging on the flow of money. It went belly up way before this financial melt down. The financial melt down in this instance is the same thing in this instance.

The trucking industry has always been in consumables. It is the bread and butter and always will be. The housing lending boom ignited a huge amount of new product for us. It looked great for a long time. The industry I am in grew and bought new trucks and enlarged their capacity and bought out smaller oufits and went in a feeding frenzy. The housing industry went kaboom. 2 years now we have been in turmoil. I expected it and always have my funds set aside to tide me over.

Now you are saying it seems that the government should come in and bail out the financials so regular people do not go through what I have had to do in the last 2 years. I say BS. It is a cycle and correction that was due and needs to continue. Next time we may all listen and watch out more.

You're right that it would bail out the idiots who participated in inflating their wages and credit (can only blame them so much for wanting to live in a house -- isn't that part of the "American Dream"?), it was more about lenders not having Uncle Sam hovering over their shoulders to make sure the people they were lending to could actually afford it, and to make sure these idiots weren't signing off on ARMs whilst not understanding what the hell they're in for.

If idiots signed off on ARMs then they deserve what they get (Forclosure). It was not that long before when the same thing happened. Nobody seems to remember.

Filed: Other Timeline
Posted
I never compared it to another industry at all and never said that. The housing went bye bye. My industry was swimming in money and gorging on the flow of money. It went belly up way before this financial melt down. The financial melt down in this instance is the same thing.

The trucking industry has always been in consumables. It is the bread and butter and always will be. The housing lending boom ignited a huge amount of new product for us. It looked great for a long time. The industry I am in grew and bought new trucks and enlarged their capacity and bought out smaller oufits and went in a feeding frenzy. The housing industry went kaboom. 2 years now we have been in turmoil. I expected it and always have my funds set aside to tide me over.

Now you are saying it seems that the government should come in and bail out the financials so regular people do not go through what I have had to do in the last 2 years. I say BS. It is a cycle and correction that was due and needs to continue. Next time we may all listen and watch out more.

Well holy #######.

Are you mad because somebody took your cookie the last two years and now you think everybody else ought to suffer also?

That's kinda not right. Especially because A LOT OF OTHER PEOPLE HAVEN'T HAD IT SO HOT the last few years. This crappy economy didn't swell up overnight.

Wages have not been increasing to the rate of inflation for several quarters. Heating costs are soaring. Old people are choosing medicine or food. What's the percentage of Americans with no health insurance? Milk costs $1.50 more a gallon than it did 9 months ago.

You don't seriously think everybody else has been rollling in dough all this time, do you?

Posted
I never compared it to another industry at all and never said that. The housing went bye bye. My industry was swimming in money and gorging on the flow of money. It went belly up way before this financial melt down. The financial melt down in this instance is the same thing.

The trucking industry has always been in consumables. It is the bread and butter and always will be. The housing lending boom ignited a huge amount of new product for us. It looked great for a long time. The industry I am in grew and bought new trucks and enlarged their capacity and bought out smaller oufits and went in a feeding frenzy. The housing industry went kaboom. 2 years now we have been in turmoil. I expected it and always have my funds set aside to tide me over.

Now you are saying it seems that the government should come in and bail out the financials so regular people do not go through what I have had to do in the last 2 years. I say BS. It is a cycle and correction that was due and needs to continue. Next time we may all listen and watch out more.

Well holy #######.

Are you mad because somebody took your cookie the last two years and now you think everybody else ought to suffer also?

That's kinda not right. Especially because A LOT OF OTHER PEOPLE HAVEN'T HAD IT SO HOT the last few years. This crappy economy didn't swell up overnight.

Wages have not been increasing to the rate of inflation for several quarters. Heating costs are soaring. Old people are choosing medicine or food. What's the percentage of Americans with no health insurance? Milk costs $1.50 more a gallon than it did 9 months ago.

You don't seriously think everybody else has been rollling in dough all this time, do you?

Self Pitty is always good!

"I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for mine."- Ayn Rand

“Your freedom to be you includes my freedom to be free from you.”

― Andrew Wilkow

Filed: Other Timeline
Posted
I never compared it to another industry at all and never said that. The housing went bye bye. My industry was swimming in money and gorging on the flow of money. It went belly up way before this financial melt down. The financial melt down in this instance is the same thing in this instance.

The trucking industry has always been in consumables. It is the bread and butter and always will be. The housing lending boom ignited a huge amount of new product for us. It looked great for a long time. The industry I am in grew and bought new trucks and enlarged their capacity and bought out smaller oufits and went in a feeding frenzy. The housing industry went kaboom. 2 years now we have been in turmoil. I expected it and always have my funds set aside to tide me over.

Now you are saying it seems that the government should come in and bail out the financials so regular people do not go through what I have had to do in the last 2 years. I say BS. It is a cycle and correction that was due and needs to continue. Next time we may all listen and watch out more.

You're right that it would bail out the idiots who participated in inflating their wages and credit (can only blame them so much for wanting to live in a house -- isn't that part of the "American Dream"?), it was more about lenders not having Uncle Sam hovering over their shoulders to make sure the people they were lending to could actually afford it, and to make sure these idiots weren't signing off on ARMs whilst not understanding what the hell they're in for.

Do you understand that you are campaigning FOR regulation?

Do you think we will get regulation WITHOUT the bailout?

Oh wait.....we will. After the collapse...............

Filed: Other Timeline
Posted
Actually if Exxon execs brought out the profits that they have then they deserve to feed at the trough while the getting is good. The price of fuel may have gone up and cost my industry more to move product but I assure you we pass the cost along. We do not work for free.

No $hit, $herlock.

See my reference to the price of a gallon of milk.

 

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